Mar 26, 2020 | Announcements, Caroline Fraker, Compliance, Coronavirus, COVID-19, Department of Labor, News, Regulatory
As MedBen has reported to you elsewhere on this blog, the Families First Coronavirus Response Act (“FFCRA”) requires private employers with fewer than 500 employees and public employers with at least one (1) employee (a “Covered Employer”) to provide their employees...
Mar 25, 2020 | Coronavirus, COVID-19, Department of Labor, Family and Medical Leave Act (FMLA)
In order to provide clarification on the federal Families First Coronavirus Response Act (FFCRA), the Department of Labor (DOL) has issued Frequently Asked Questions (FAQs) along with two informational documents directed specifically at the emergency Family and...
Mar 25, 2020 | Coronavirus, COVID-19, News, Telehealth, Telemedicine
As many of you now know, the Families First Coronavirus Response Act requires that group health plans cover telehealth office visits related to the ordering of a COVID-19 test for a covered employee or dependent. Given the current “stay-at-home” and “social...
Mar 25, 2020 | COVID-19, Government, Health Savings Accounts (HSAs), IRS, News, Uncategorized
As a result of COVID-19, the Internal Revenue Service (IRS) has clarified that the deadline for making health savings account (HSA) and individual retirement account (IRA) contributions for the 2019 tax year has been extended to July 15, 2020. This matches the new...
Mar 25, 2020 | Coronavirus, COVID-19, Dependent care assistance plan (DCAP), Flexible spending accounts (FSAs)
As we work our way through the COVID-19 situation, plan members have asked MedBen if they can make a midyear change to their dependent care assistance plan (DCAP) elections. With schools closed, a parent may need to increase their DCAP contribution for additional...
Mar 24, 2020 | Announcements, Caroline Fraker, Compliance, Coronavirus, COVID-19, Kentucky, News, Ohio, State legislation
Earlier this month, the Governors of Ohio and Kentucky declared state emergencies that mandated self-funded public employers to make temporary changes to their health plans in the wake of the COVID-19 crisis. MedBen’s summaries of these public employer...
